Zhejiang Xinchai Co.,Ltd Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	345.41	438.36	480.87	695.56	442.15	656.72
Trading Asset Securities	371.96	108.56	91.85	30	70	-
Cash & Short-Term Investments	717.37	546.92	572.72	725.56	512.15	656.72
Cash Growth	44.84%	-4.50%	-21.07%	41.67%	-22.01%	130.23%
Accounts Receivable	1,223	1,044	948.95	619.78	838.3	927.67
Other Receivables	2.62	1.39	0.2	0.31	0.23	7.25
Receivables	1,226	1,045	949.15	620.09	838.53	934.92
Inventory	398.26	454.67	510.06	389.12	444.29	299.12
Other Current Assets	5.92	6.08	6.64	5.29	3.42	10.21
Total Current Assets	2,347	2,053	2,039	1,740	1,798	1,901
Property, Plant & Equipment	425.94	466.26	512.42	556.05	574.33	550.3
Other Intangible Assets	58.41	62.1	66.58	69.79	92.37	90.05
Long-Term Deferred Tax Assets	25.86	28.7	30.96	25.94	16.18	14.99
Long-Term Deferred Charges	1.09	1.15	0.92	-	-	-
Other Long-Term Assets	1.92	0.6	1.67	7.28	4.17	15.58
Total Assets	2,860	2,611	2,651	2,399	2,485	2,572
Accounts Payable	1,400	1,233	1,312	1,102	1,102	1,531
Accrued Expenses	32.01	51.01	46.12	40.08	57.93	55.6
Short-Term Debt	88.18	61.21	30	-	158.88	150.07
Current Portion of Long-Term Debt	-	-	50.09	23.02	-	-
Current Portion of Leases	-	1.4	1.82	1.78	0.04	-
Current Income Taxes Payable	22.35	-	-	-	1.68	4.93
Current Unearned Revenue	30.88	15.04	26.95	26.49	25.34	16.77
Other Current Liabilities	34.91	32.64	32.53	1.83	4.9	6.49
Total Current Liabilities	1,608	1,394	1,500	1,195	1,351	1,765
Long-Term Debt	-	-	-	50.05	-	-
Long-Term Leases	-	-	1.4	1.84	-	-
Long-Term Unearned Revenue	32.64	36.53	38.88	37.7	34.61	29.55
Other Long-Term Liabilities	7.3	6.66	6.55	34.91	26.22	23.55
Total Liabilities	1,648	1,437	1,546	1,320	1,412	1,818
Common Stock	241.13	241.13	241.13	241.13	241.13	180.85
Additional Paid-In Capital	488.03	488.03	488.03	488.03	488.03	308.15
Retained Earnings	476.58	441.45	369.58	342.44	344.37	264.76
Comprehensive Income & Other	0.49	0.46	0.36	0.3	0.05	0.03
Total Common Equity	1,206	1,171	1,099	1,072	1,074	753.79
Minority Interest	5.99	3	5.54	7.35	-	-
Shareholders' Equity	1,212	1,174	1,105	1,079	1,074	753.79
Total Liabilities & Equity	2,860	2,611	2,651	2,399	2,485	2,572
Total Debt	88.18	62.61	83.31	76.69	158.92	150.07
Net Cash (Debt)	629.19	484.31	489.42	648.87	353.24	506.65
Net Cash Growth	45.02%	-1.04%	-24.57%	83.69%	-30.28%	230.21%
Net Cash Per Share	2.63	2.02	1.99	2.63	1.73	2.81
Filing Date Shares Outstanding	241.13	241.13	241.13	241.13	241.13	180.85
Total Common Shares Outstanding	241.13	241.13	241.13	241.13	241.13	180.85
Working Capital	738.94	658.45	538.92	544.7	447.37	135.97
Book Value Per Share	5.00	4.86	4.56	4.45	4.45	4.17
Tangible Book Value	1,148	1,109	1,033	1,002	981.22	663.74
Tangible Book Value Per Share	4.76	4.60	4.28	4.16	4.07	3.67
Buildings	-	312.73	312.56	312.56	305.24	272.64
Machinery	-	657.21	649.4	608.62	553.61	489.19
Construction In Progress	-	8.61	4.82	30.05	58.41	105.26

Source: S&P Global Market Intelligence. Standard template. Financial Sources.